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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (15454)	2/22/2002 11:58:15 PM
From: Don Lloyd	Read Replies (1) \| Respond to of 74559

CB - ...I was thinking I did not need to do a logarithmic axis because the numbers are not cumulative. Stock prices are cumulative, so I can understand using a log axis there.... I'm not sure what I'd make of that argument, one way or the other. The log axis would be needed if inflation were greater over the range, but it's only about 2:1. If capital formation were simply collecting interest, then a log axis would make sense, giving a slope that matched the interest rate. Maybe it really can be cumulative. Regards, Don